PPP Loan information for Produce marketing association inc

$1,596,022

Produce marketing association inc was initially approved for PPP Loan of amount $1,596,022, the current approved amount is $1,596,022. The loan was approved on 02/06/2021 by The Bank of America, National Association reported 69 jobs and $1,596,022 was used to fund payroll.

Produce marketing association inc is Existing or more than 2 years old

PRODUCE MARKETING ASSOCIATION INC

Date Approved

02/06/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

PRODUCE MARKETING ASSOCIATION INC

Borrower Address

1500 Casho Mill Rd

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711-3547

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1596022.00

Current Approval Amount

1596022.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-3547

CD

DE-

Jobs Reported

69

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1596022.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1605904.22

Forgiveness Date

09/23/2021

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